OFF MARKET

23 Butters Street
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 93m2
Land area: 866m2
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Last updated 11 Nov 2024
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Property Details for 23 Butters St, Morwell

23 Butters St, Morwell is a 3 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 866m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in December 2018.

Building Type
House
Year Built
1960
Floor Size
93m2
Land Size
866m2
Local Government
Latrobe
Lot/Plan
15/LP52991

Last Listing description (November 2024)

Welcome to this charming 3-bedroom weatherboard home located in the heart of Morwell. Situated close to the CBD, this property presents an excellent opportunity for investors seeking a lucrative investment.

The three bedrooms are generously sized and provide comfortable accommodation for residents.

Currently tenanted, this property offers a steady rental income stream, making it an attractive option for investors.

Features Include:

- 3 Bedroom Home,

- Located in close proximity to town centre, sporting facilities and public transport services

- Currently rented at $270 per week.

- Large 854m2 Block

- Large enclosed backyard.

For more information, or to book a private inspection contact: Matt Hamilton First National Central KW 0472 545 557

Property Code: 2644

Property Code: 2644

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Property History for 23 Butters St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$113,000
12 Dec 2018
Listed for Rent
$230/w
23 Oct 2019
  • 16 Oct 2024
    Listed for Sale $298,000
  • 27 May 2024
    Listed for Sale $298,000
  • 13 Sep 2023
    Listed for Sale Not Disclosed
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About Morwell 3840

The size of Morwell is approximately 44.9 square kilometres. It has 31 parks covering nearly 5.9% of total area. The population of Morwell in 2011 was 14,005 people. By 2016 the population was 13,753 showing a population decline of 1.8% in the area during that time. The predominant age group in Morwell is 50-59 years. Households in Morwell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Morwell work in a trades occupation. In 2011, 63.1% of the homes in Morwell were owner-occupied compared with 61.7% in 2016.

Morwell has 8,939 properties. Over the last 5 years, Houses in Morwell have seen a 79.21% increase in median value, while Units have seen a 46.24% increase. As at 31 October 2024:

  • The median value for Houses in Morwell is $319,787 while the median value for Units is $272,996.
  • Houses have a median rent of $370 while Units have a median rent of $290.
There are currently 63 properties listed for sale, and 12 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 421 properties were sold in the past 12 months in Morwell.

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